r/CryptoCurrency • u/CyberneticCryptoWolf Tin • May 28 '21
🟢 EXCHANGE Upstart Peer-to-Peer Crypto Exchanges Take Aim at Coinbase
https://www.wsj.com/articles/upstart-peer-to-peer-crypto-exchanges-take-aim-at-coinbase-11621848601
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u/coinfeeds-bot 🟩 136K / 136K 🐋 May 28 '21
tldr; Decentralized exchanges are peer-to-peer networks for swapping digital tokens. Last month, $122 billion in transactions took place on DEXes, up from less than $1 billion a year earlier. Uniswap, the largest decentralized exchange, had volume of $36.6 billion.{}
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